Trading Edges That Last
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Recap of last week Took a full week to tag the yellow zone. The mid week bounce came from previous quarter low. Closed the week at the high. ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREUSDJPY Week of Nov 29th to Dec 3rdIntraday Cycle Projection (USDCAD) 2011-06-13Hot n Cold (USDCAD) 2019-3-22Intraday Cycle Projection (USDCAD) 2012-01-30Intraday Cycle Projection (USDCAD) 2021-07-02Precog Vision – Forex 2020-12-25Precog Vision – Forex 2015-6-93DP Odds Table (USDCAD) 2016-09-29Intraday Cycle Projection (USDCAD) 2018-12-04Intraday Cycle Projection (USDCAD) 2015-06-10
As Featured In
USDCAD Sep 15 to Sep 19 Outlook
Lawrence’s Comment
USD advantage to tag Y+1 turns into all out rally tagging Y+2. Y+1 then turned into support giving us another leg higer to Y+3. Closed the week above Y+3 and near week high.
Outlook
Strength in USD partly comes from ECB news and partly due to its safe haven status in time of instability. Up trend established on 4 hours. As long as B-0 / Y+2 acting as support there is no reason to go bearish on the pair, yet.
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